Oil and gas pipeline stocks with the lowest EV/EBIT

Ranked

26

of 29 oil and gas pipeline stocks we cover

Median

16.5×

Lowest

8.0×

PAGP

Range

8.0× to 65.3×

#	Company	EV/EBIT	PE	Operating margin	Market cap
1	PAGPPlains GP	8.0×	n/m	3.1%	$5.7B
2	CQPCheniere Energy Partners	11.9×	11.4×	33.6%	$32B
3	VGVenture Global	12.1×	11.0×	37.6%	$35B
4	AROCArchrock	12.3×	15.7×	40.0%	$5.1B
5	ETEnergy Transfer	12.3×	n/m	10.0%	$69B
6	NGLNGL Energy Partners	13.5×	n/m	4.0%	$1.9B
7	GELGenesis Energy	13.9×	74.1×	19.1%	$1.7B
8	LNGCheniere Energy	14.0×	22.2×	29.9%	$61.7B
9	EPDEnterprise Products Partners	14.2×	12.9×	13.4%	$80.1B
10	OKEONEOK	15.2×	16.5×	15.5%	$60.4B
11	DWSNDawson Geophysical	15.5×	16.9×	4.6%	$63M
12	WESWestern Midstream Partners	15.8×	14.2×	40.2%	$18.6B
13	PAAPlains All American Pipeline	15.9×	n/m	3.1%	$18.8B
14	CPKChesapeake Utilities	17.2×	21.4×	27.3%	$3.2B
15	AMAntero Midstream	17.9×	24.8×	49.6%	$9.9B
16	KGSKodiak Gas Services	18.2×	52.8×	27.4%	$4.5B
17	SWXSouthwest Gas	19.7×	12.7×	28.7%	$6.6B
18	SMCSummit Midstream	20.6×	n/m	14.6%	$633.8M
19	RGCORGC Resources	20.7×	17.0×	17.3%	$237.8M
20	KMIKinder Morgan	21.1×	22.1×	29.0%	$76.7B
21	TRGPTarga Resources	21.9×	28.9×	22.9%	$64.8B
22	DTMDT Midstream	24.5×	27.1×	49.6%	$12.6B
23	WMBWilliams Companies	24.7×	28.6×	38.2%	$87.7B
24	CTRICenturi	28.3×	62.4×	2.7%	$2B
25	DKLDelek Logistics Partners	29.4×	n/m	15.3%	$3B
26	KNTKKinetik	65.3×	18.7×	10.5%	$9B

Not ranked: 1 with a loss over the last year. 1 company whose data behind this number has a caveat is left out until it is checked.

A ranking of numbers, not a recommendation. A low multiple can be a bargain or a business in trouble: open the company to see which.